Image
SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  Estd 2006 Corporate Strategy  |  AI Pivot & Power Infrastructure Reliance Power's AI Pivot (₹25.10): Rebranding, ₹9,000 Cr Capital, and a Policy Tailwind Arriving Right on Cue Four renamed subsidiaries. A ₹9,000 crore fundraise. And a state government simultaneously building the exact demand this pivot is betting on. On June 30, 2026, Reliance Power quietly filed one of the more consequential corporate-identity shifts in the Indian power sector this year. Four of its subsidiaries were renamed Reliance AI Green Power, Reliance AI Power, Reliance AI Data Control, and Reliance AI Data C — and the company formally added artificial intelligence and technology-enabled services to its business objects. This was not a data-centre announcement or a customer contract. It was...
Three Potential Buyers For Bharatstudent
By Preethi J
Student social networking site Bharatstudent.com, which its owner Northgate Technologies put on the block along with document sharing portal Ziddu.com in June, has three potential buyers, the company informs in its quarterly earnings report. A non-disclosure agreement has been signed with the buyers, so further details are not mentioned: whether these are domestic or international firms, and whether a time frame has been set for the sale.
In June, there were rumours of the company being in talks with Reliance ADAG Group and Deccan Chronicle Holdings (DCHL) were interested, though we were categorically told that Reliance ADAG is not.
Northgate now operates only in the online advertising domain through its ad network Axill. It also owns VoIP company Globe7. The due diligence process is expected to get completed in the next few weeks.

Comments

Popular posts from this blog